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For 52 straight months and something we haven t seen before. i mean, first of all, this hasn t taken long, has it? the house republicans have been in charge for, what, couple of days now and all of a sudden, here comes charles schumer with some pithy quotes and all that kind of stuff. yesterday, he called a press conference. oh, my goodness. hold on. let s have a little bipartisanship. first of all, if you re going to criticize this, you know, cut go, you know, what s the alternative? tax as you go? to define what cut go, you have to cut something, not pay for it. cut it. the fact is if you have that 52 months of added revenue, that is a time when if conservatives, if bush and the g.o.p. had been there and done the right thing, cut some stuff, you would have had we wouldn t be in this mess. so the problem here is this is why this is the whole reason the tea party started because they were fed up with the republicans as much as they with the establishment and the republi ....
The operating rules for the democratic house called pay-go, you had to essentially balance out expenditures, right? with this new thing called cut-go, right? is cut-go going to work or deliver us? what s different from pay-go? well, what they re saying is that if you want to spend a dime on anything this could be the most wonderful thing for us, like investing in education, then you have to offset that not with an increase in revenue but with a cut somewhere else. well there isn t that much fat because they have put defense cuts off the table. now let s remember that the secretary of defense said there s plenty to cut within the defense budget. no, they didn t want to touch that. really talk iing about those programs that help the middle class, they are talking about further shredding of the safety net for americans and i really don t think that s their ....
Meaningful action by the president and congress to cut spending and end the job-killing spending bing in washington. of course, you ll remember that members of the administration have been warning against not increasing that debt limit and what it would do, pushing america toward a default, they say. we re hearing from tim geithner today saying failure to increase the limit would be deeply irresponsible. for this these reasons i am requesting congress act to increase the limit early this year, well before the threat of default becomes imminent. as you are well aware, republicans passed a rules package in the house aimed at spending. they say they are ready to get to work on that issue, jenna. jenna: that s a big question, just how are republicans saying they re going to tackle some of these spending issues? reporter: one of the things they re proposing is something they re calling cut-go, if you re going to ask for a spending increase somewhere else, you have to cut that amount somew ....
You had to essentially balance out expenditures, right? with this new thing called cut-go, right? is cut-go going to work or deliver us? what s different from pay-go? well, what they re saying is that if you want to spend a dime on anything this could be the most wonderful thing for us, like investing in education, then you have to offset that not with an increase in revenue but with a cut somewhere else. well there isn t that much fat because they have put defense cuts off the table. now let s remember that the secretary of defense said there s plenty to cut within the defense budget. no, they didn t want to touch that. really talking about those programs that help the middle class, they are talking about further shredding of the safety net for americans and i really don t think that s their mandate. paul ryan, who is talking this morning, it s not just ....
We re going to pass rules today that will get rid of the phony pay-go rule democrats had which was you pay and they go on spending. martha: turned out everything was an emergency under that law, though, apparently. right. and we ll introduce the deal, where we call cut-go and you have a new spending program, then you have to bring that the floor something to cut it. but i want to tell you, get ready, get ready to be impressed with what republicans are about to do. i think the republican leadership and the house, rank-and-file, the 87 new republicans, that will be sworn in, in a couple of hours, are absolutely determined not only to keep the promises we made in the pledge of america but to go beyond that and put our fiscal house in order and pass real reform that will put is on a pathway to face call solvency. martha: let me ask you is $100 billion, in 12 months, starting today, a reasonable target. no, it is a good start, i think. there are a lot of a lot of washington is tryin ....